The script has flipped in fixed income as figures show ETFs lagging mutual fund flows, with the bulk going to active bond funds.
Policymakers at the US central bank raise fresh concerns around price pressures.
Investors’ doused sentiment around rate cuts leaks into market for munis, which posted their worst record since September.
The firm adds three portfolio management professionals to its asset management arm as it seeks opportunities in the muni bond market.
Several Treasury auctions this week will signal whether 5% is the peak.
Despite negative sentiment, some investors are seeing potential.
Pimco and others are weighing the prospects of the Fed standing firm.
'If you think taxes are going up, munis and the muni exemption are a great place to be," Nuveen's head of municipals says.
'With 10-year Treasury yields near multiyear highs, now is a good time to be a bond investor,' an advisor says.
Traders pushed back when they foresee the Fed cutting rates after a stronger-than-expected March payrolls report.
US jobs report due Friday is a key focus for the market.
This week's jobs data could confirm expectations that Fed rate cuts will be scaled back.
Report from CBI says most are not aligned with global climate goals.
With tax and rate hikes on the horizon, a surge in high-earning American households sets up robust demand for munis.
A VanEck strategist says EM bond allocations have nowhere to go but up, and he believes that’s exactly where they should be headed.
Strategists warn that the rally faces tests this week.
Wealth giant agrees to acquire platforms to future-proof its certificates of deposit offerings.
116 funds were recognized with a Lipper Fund Award over the five-year period, and 108 funds won the prestigious trophy for the 10-year period.
Several of the region's economies are facing higher prices again.
The notes have rallied but strategist says high-yield is not attractive.
